Required information The Foundational 15 (Algo) [LO6-1, LO6-3, LO6-4, LO6-5, LO6-6, LO6-7, LO6-8] [The following information applies fo the questions displayed below] Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant range of production is 500 units to 1,500 units) Foundational 6-1 (Algo) Required: 1. What is the contribution margin per unt? (Round your answer to 2 decimal places.) Required information The Foundational 15 (Algo) [LO6-1, LO6-3, LO6-4, LO6-5, LO6-6, LO6-7, LO6-8] The following information applies to the questions displayed belowJ Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant range of production is 500 units to 1,500 units) Foundational 6-2 (Algo) 2. What is the contribution margin ratio? Required information The Foundational 15 (Algo) [LO6-1, LO6-3, LO6-4, LO6-5, LO6-6, LO6-7, LO6-8] [The following information applies to the questions displayed below] Osio Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant range of production is 500 units to 1.500 units): Foundational 6-3 (Algo) 3. What is the variable expense ratio? Required information The Foundational 15 (Algo) [LO6-1, LO6-3, LO6-4, LO6-5, LO6-6, LO6-7, LO6-8] [The following information applies to the questions displayed befow] Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant range of production is 500 units to 1,500 units): Foundational 6-4 (Algo) 4. If sales increase to 1,001 units, what would be the increase in net operating income? (Round your answer to 2 decimal places Required information The Foundational 15 (Algo) [LO6-1, LO6-3, LO6-4, LO6-5, LO6-6, LO6-7, LO6-8] The following information applies to the questions displayed below] Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant range of production is 500 units to 1,500 units) Foundational 6.5 (Algo) 5 If sales decline to 900 units, what would be the net operating income? (Round "Per Unit" calculations to 2 decimal places.) Required information The Foundational 15 (Algo) [LO6-1, LO6-3, LO6-4, LO6-5, LO6-6, LO6-7, LO6-8] [The forlowing information apples to the questions displayed below] Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant range of production is 500 units to 1,500 units) Foundational 6.6 (Algo) 9. If the seilung price increases by $2 per unit and the saies volume decreases by 100 units, what would be the net operating incorne? Round "Per Unit" colculetions to 2 decimal pleces.) Required informetion The Foundational 15 (Algo) [LO6-1, LO6-3, LO6-4, LO6-5, LO6-6, LO6-7, LO6-8) [The following information applies to the questions displayed below] Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant range of production is 500 units to 1,500 units) Foundational 6.7 (Algo) 7. If the variable cost per unit increases by $1, spending on advertising increases by $1300, and unit sales increase by 160 units, what would be the net operating income? (Round "Per Unit" calculotions to 2 decimal places.) Required information The Foundational 15 (Algo) [LO6-1, LO6-3, LO6-4, LO6-5, LO6-6, LO6-7, LO6-8] [The following information applies to the questions displayed below] Oslo Company prepared the following contribution format income statement based on a sales voiume of 1.000 units (the relevant range of production is 500 units to 1,500 units) Foundational 68 (Algo) B What is the break-even point in unit sales? (Round intermediote calculations to 2 decimal places.) Required information The Foundational 15 (Algo) [LO6-1, LO6-3, LO6-4, LO6-5, LO6-6, LO6-7, LO6-8] [The following information applies to the questions displayed below] Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant range of production is 500 units to 1,500 units) Foundetional 6.9 (Algo) 9. What is the break-even point in dollar sales? Required informetion The Foundational 15 (Algo) [LO6-1, LO6-3, LO6-4, LO6-5, LO6-6, LO6-7, LO6-8] [The following information applies to the questions displayed below] Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant range of production is 500 units to 1,500 units) Foundational 6-10 (Algo) 10. How many units must be sold to achieve a target profit of $8,400 ? (Round intermediate calculations to 2 decimal ploces.) Required information The Foundational 15 (Algo) [LO6-1, LO6-3, LO6-4, LO6-5, LO6-6, LO6-7, LO6-8] [The following information applies to the questions displayed below] Osio Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant range of production is 500 units to 1,500 units k Foundational 6-11 (Algo) 11. What is the margin of safety in dollars? What is the margin of safety percentage
